Senate Fiscal Cliff Doomsday Countdown Thread

I don't understand the problem with cutting military funds. If we funded wars in Iraq and Afghanistan for the better part of a decade, but we no longer have an active presence in Iraq, why can't the budget be reduced to reflect that?

We might need to defend ourselves against a North Korean or Iranian invasion! - Darth Guy

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My money is on us "defensively" protecting ourselves by invading Iran first. Unless the new fearless leader does something typically North Korean and stirs the pot.

On the fiscal level, I wouldn't actually object to a much smaller defensive budget. Not the conspiracy type, but makes you wonder if all those trillions don't provide enticement to use-it-or-lose-it with the military. A war does justify spending, and nobody argues against supporting the troops.

As a student of Economics, I just have to say that no compromise would help. The only solutions to the problems are so far right of either party, that they will do nothing to help. To solve the problem, eliminate the Federal Reserve Bank, stop borrowing money, do not bail out anyone, shrink the federal government, lower regulation, stop favoring one company over another (corporatism), lower taxes (Stop class warfare). That is in short.

As a student of Economics, I just have to say that no compromise would help. The only solutions to the problems are so far right of either party, that they will do nothing to help. To solve the problem, eliminate the Federal Reserve Bank, stop borrowing money, do not bail out anyone, shrink the federal government, lower regulation, stop favoring one company over another (corporatism), lower taxes (Stop class warfare). That is in short.

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lol, "as a student of economics..."

If you're a student of economics I'm the last surviving son of Krypton.

I just got some bad news tonight. In anticipation of the fiscal cliff, the NIH is only finding the top 6% of research grant submissions. To put this in perspective, it's been around 8-10% for the past few years, and we all thought we'd hit the worse case scenario. About a decade ago, funding was around 20%. This could potentially ruin research institutions, and would feed into the economic collapse.

I just got some bad news tonight. In anticipation of the fiscal cliff, the NIH is only finding the top 6% of research grant submissions. To put this in perspective, it's been around 8-10% for the past few years, and we all thought we'd hit the worse case scenario. About a decade ago, funding was around 20%. This could potentially ruin research institutions, and would feed into the economic collapse.

I just got some bad news tonight. In anticipation of the fiscal cliff, the NIH is only finding the top 6% of research grant submissions. To put this in perspective, it's been around 8-10% for the past few years, and we all thought we'd hit the worse case scenario. About a decade ago, funding was around 20%. This could potentially ruin research institutions, and would feed into the economic collapse.